EUR/USD Holds as Breakout Over 1.16771

Research preview

Executive Market Read EUR/USD is trading near 1.16756 with a balanced enough to require discipline around entries profile; the key issue is not the first move, but whether the next close confirms follow-through. Price is holding above the daily pivot at 1.15765, which keeps the first read tilted toward resistance pressure rather than support repair. The working support band is 1.16635 / 1.16536 / 1.16354, while the resistance band is 1.16771 / 1.16782 / 1.16789. Daily R1 at 1.15866 and S1 at 1.15649 define the first tactical range. Internal models have flipped from Buy to Strong Buy for EUR/USD. The shift puts upside continuation in focus, with price near 1.16768,...